Ethereum embarked on a massive rally in August that saw it gain 18% by the end of the month, while Bitcoin closed the month with a 6.5% loss despite hitting a new all-time high earlier in the month.
Analysts have linked Bitcoin’s poor performance to a significant pullback in ETF flows. Meanwhile, institutional investors are heavily favoring Ethereum, with a staggering $4 billion, which translates to 77% of inflows going into the asset, according to the latest data from CoinShares.
Amidst the cryptocurrency market fluctuations, DeepSnitch AI emerges as a promising solution to blockchain noise by offering AI-driven insights in real-time to retail traders. With its presale price currently at $0.01634, it is a top contender for the best crypto to buy now.
Crypto inflows surge to $2.48 billion in a week as Ethereum continues to outperform Bitcoin
Ethereum dominated the crypto market in August, catapulting crypto inflows to $2.48 billion last week. This surge boosted total crypto inflows in August to $4.37 billion, and year-to-date (YTD) inflows to $35.5 billion.
The latest CoinShares data reveals that Ethereum’s investor appeal held strong, attracting $1.4 billion in weekly inflows, easily outshining Bitcoin’s $748 million.
Following the U.S. SEC’s approval of an Ethereum ETF under the Clarity Acts, Institutional investors have shown massive interest in the altcoin.
Notably, Sharplink Gaming recently purchased $176 million worth of ETH between August 25 and August 31, boosting the Minnesota-based firm’s total ETH holdings to 837,230 ETH, valued at around $3.6 billion.
Standard Chartered’s analysts noted that Ethereum treasury companies are currently undervalued, with Geoffrey Kendrick, a senior figure in the bank, believing that ETH could still finish the year at $7,500, and possibly be worth up to $25,000 by 2028.
Ethereum’s gain in momentum triggers a chain reaction of increased DeFi activity, ecosystem growth, and a positive feedback loop that retail traders can leverage for more winning trades.
As the crypto market heats up, September’s greatly anticipated rally could make August’s performance look small in comparison, making it important to pinpoint the best crypto to buy now.
Best crypto to buy now: Top 3 cryptos poised for 100x growth
1. DeepSnitch AI
In crypto, whales are always the first to get the news while retail traders are left in the dust. This great divide in information has always been a thorn in the flesh of retail traders, preventing them from maximizing profits by fully taking advantage of market trends.
This is where DeepSnitch AI comes in. With its five specialized AI agents, DeepSnitch AI not only eliminates the delay in information for retail traders but also filters out all the noise on the blockchain, providing sharp insights to retail traders in real-time, which massively increases their odds of winning, regardless of market conditions.
With Ethereum’s constant gain in momentum, institutional investment favors, and positive ecosystem growth that resulted in a $4 billion inflow last month, DeepSnitch AI is likely to capitalize on the upward trend, offering investors a compelling chance for growth.
As this bull run cycle unfolds, retail traders are at greater risk of getting rug-pulled. DeepSnitch AI acts as a powerful tool that scans contracts and wallets for any dangers before traders click buy. Its powerful protection alone is a strong selling point, making it an attractive investment prospect in the AI coin space.
Furthermore, DeepSnitch AI has successfully cleared bearish sentiments by securing over $180,000 in its initial presale stage, currently priced at $0.01634.
2. Bitcoin
Since the last peak in the bitcoin price in August, there has been a dip of approximately 12%. However, this is not something to be worried about, as the dip may just turn out to be healthy profit-taking.
Despite short-term holders cashing out their Bitcoin profits, causing a price drop to $107k, long-term investors remain steadfast. The temporary sell-off at resistance levels may have impacted prices, but the overall trend stays intact.
But September could be good for Bitcoin, with Spot BTC ETFs recording $332.7 million in net inflows on Tuesday, September 2, driven by Fidelity’s $132.7 million and BlackRock’s $72.8 million investments.
As of September 3, Bitcoin is currently priced at $111,365, just below the crucial $111,350 support level. As BTC struggles to break through the 50-day SMA at $115,648, the 200-day SMA at $101,465 remains a strong foundation.
The critical question is whether Bitcoin will build enough strength to challenge the $118,616 resistance or face downward pressure toward $100,000.
3. Ethereum
Ethereum has cemented itself as the top choice among institutional investors, to the point that it has been outperforming Bitcoin for the past few weeks. But the Ethereum Foundation’s recent intent to sell 10,000 $ETH, valued at $43 million, is sparking market speculation amid Ethereum’s price correction.
This shift, which represents approximately 0.4% of ETH’s total supply, could impact prices, with technical indicators suggesting that ETH should not fall below $4,000 and may also not rise above $4,300.
So far, Ethereum’s prospects continue to improve with the investment of Hong Kong-listed Yunfeng Financial, affiliated with Jack Ma, which has invested $44 million in 10,000 ETH to fuel its growth in Web3 and tokenized finance.
Final thoughts
DeepSnitch AI is only at stage 1 of its presale, but hopium is spreading all over social media, with a deep bullish sentiment for DeepSnitch this altcoin season.
Trading at just $0.01634, the robust blockchain platform this AI coin will be built upon eliminates the huge gap between whale domination and equal access to information, regardless of portfolio. Rugpulls, scams, and such are also flagged, hence protecting the assets of retail traders.
The hunt for the best crypto to buy now is over.
Visit DeepSnitch AI’s official page to secure your DSNT tokens.
FAQs
Which is the best AI coin to invest in?
AI technologies are gaining traction globally, and 2025 looks promising for AI coins. DeepSnitch’s early-stage presale offers a chance to invest in a project that effectively uses AI to level the playing field for retail investors, while showcasing immense potential.
What is the fastest-growing crypto?
The crypto market is on fire right now, with Bitcoin and Ethereum leading the charge. But with DeepSnitch AI’s presale priced at just $0.01634, you can easily buy in without breaking the bank, and potentially reap 100x rewards.
Which crypto will pump next?
DeepSnitch AI is poised to be the next crypto to pump hard, with its presale raising over $180,000 and priced at $0.01634. Additionally, its innovative AI-powered platform provides traders with real-time market signals, which arm them with a competitive edge. DeepSnitch AI is definitely a top pick for those looking for explosive upside.
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